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No surprise: it’s expensive to live in Westchester and Fairfield

Peter Katz by Peter Katz
March 26, 2024
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The company doxo, which has created a bill-paying app that allows it to act as a clearing house for making payments and is used by about 10 million consumers to pay their bills each month, has come up with fresh data that confirms what many people have long believed: it’s expensive to live in Westchester or Fairfield.

According to doxo’s data, amounts paid for 10 of the most common household expenses in Stamford are 41% higher than the U.S. average and Stamford is the 12th most expensive city in which to live in Connecticut. In Greenwich, household expenses are 65.3% higher than the U.S. average and that community is the 7th most expensive place to live in the state. The average Greenwich household pays $42,165 a year in household bills, while in Stamford it’s $36,771 per year.

Wilton was the most expensive place to live and Willimantic was least expensive in Connecticut.

In Norwalk, household expenses are 43% higher than the U.S. average. Norwalk households pay $36,700 per year in household expenses with the community ranking number 14 in the state for household expenses.

Living in Danbury is a comparative bargain with the city ranking 31 on the list of costliest cities in Connecticut. Danbury households face expenses that are only 21.3% higher than the national average, totaling $30,960 per year.

Included in the tally of monthly household expenses are things such as auto insurance, mortgage payments or rent, utilities, cable TV service, life and health insurance premiums, alarm and security costs and mobile phone bills.

In Westchester, residents of Scarsdale find themselves paying 76.2% more than the average of U.S. nationwide household expenses. Scarsdale ranks 5th on the list of most expensive communities in New York state.

White Plains ranks number 67 among New York state communities, with household expenses running 48.5% above the national average. The average household in White Plains pays $37,890 year in household expenses. In Yonkers the average yearly household bills come out to $33,315, or 30.6% higher than the U.S. average.

Mount Kisco comes in as the 46th most expensive place in New York state for household bills. The annual total is $39,306, 54.1% higher than the U.S. average.

Overall, New York was the 7th most expensive state in the union using household expenses as a measure with Connecticut being the 8th most expensive state. Hawaii was the most expensive state in the U.S. and West Virginia was the least expensive.

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© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.